Samsung

Prosecutors seek arrest warrant against Samsung heir Jay Lee

Prosecutors seek arrest warrant against Samsung heir Jay Lee

South Korean prosecutors said on Thursday that they have filed an arrest warrant for Samsung Group’s anointed heir Jay Y. Lee and two other former company executives as part of a sprawling investigation into an alleged accounting fraud and a controversial merger that shook the country. In May, Lee appeared before prosecutors to be questioned […]

Enjoy some 4K TV with your nature on Samsung’s new outdoor sets

Enjoy some 4K TV with your nature on Samsung’s new outdoor sets

Like most of us, you’ve probably been stuck inside for months now. Sitting around, pacing your home, watching a lot of bad television. Would anything possibly be better than finally getting some time outdoors to commune with nature and catch a little ultra high-def television? Up to now, outdoor sets have largely been the realm […]

Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]

India’s Glance tops 100M daily active users in 21 months

India’s Glance tops 100M daily active users in 21 months

Glance, which serves media content, news and casual games on the lock screen of Android -powered smartphones, has amassed 100 million daily active users, it said today. The subsidiary of ad-firm InMobi Group reached the milestone in 21 months in what appears to be the shortest duration for any popular internet service to gain their […]

Xiaomi launches Mi Commerce in India to boost sales amid lockdown

Xiaomi launches Mi Commerce in India to boost sales amid lockdown

Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order its handsets and other products from nearby physical retail stores as the Chinese giant rushes to kickstart its sales in its biggest overseas market. Dubbed Mi Commerce, the service allows people to locate nearby stores […]

An already struggling smartphone market takes a big hit from COVID-19

An already struggling smartphone market takes a big hit from COVID-19

After a rocky quarter, companies and analysts fear the worst may still be ahead Brian Heater @bheater / 9 hours Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs […]

Samsung earnings guidance stays upbeat despite global macro crisis

Samsung earnings guidance stays upbeat despite global macro crisis

Samsung overnight released its earnings guidance for the first quarter of 2020, stating that it expected sales of $45.4 billion and an operating profit of roughly $5.3 billion. The company’s fiscal year is aligned to the standard calendar year, and it will announce official earnings results on April 23. Those numbers are slightly up from […]

Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Samsung’s Galaxy S20 Ultra is a lot of phone for a lot of money

Let’s talk about money. More specifically, let’s talk about how much things cost. A few years back, the price of flagship smartphones leapt above the $1,000 threshold, owing largely to the cost of screen technology. It’s a tough calculus, but that’s the price of innovation. The rising cost of smartphones is largely regarded as a […]

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